Since the market downturn in early February, they cryptocurrency market has struggled to keep the bears at bay. While other coins have seen double (possibly triple bottoms) BNB has ranged in an upward channel for the last 4 months, delivering a staggering 280% returns to anyone who bought at its yearly low.
It is currently at the lower end of it’s trend channel, with strong buying support, and we are comfortable opening a medium to long term trade on this coin .
Exchange: Binance
Term: Medium/Long
Buy between: 14.5 - 15.5
Target 1: 16.24
Target 2: 17.32
Target 3: 19.57
Target 4: 22.3